Dambisa Moyo identifies the forces that will decide which firms win and which will fall. China has made a breakthrough in Extreme Ultraviolet Lithography (EUV), the most powerful and important chipmaking technology in the world..

The Great AI Displacement: Fracturing Tomorrows Labor Market. Dambisa Moyo identifies the forces that will decide which firms win and which will fall. It might take a long time, decades even for large companies to figure out how to properly implement and adopt the technology and rationalize their workforce. The fact that the capability is already there means that the outlined trajectory of the labor market fracturing. There is a clear division between the generally internationalist coasts and big cities, on the one hand, and the nationalist populists in heartland industrial and agricultural regions. The reigning industrial powers of the 20th century were remarkably nice to China during its early industrialization. If Europe allows itself to be deindustrialized, its military capabilities will be limited to what the government can purchase in peacetime. Protectionism is essential in order to de-risk the reindustrialization of Europe, says Andrew Hammond. China has made a breakthrough in Extreme Ultraviolet Lithography (EUV), the most powerful and important chipmaking technology in the world. China has built what Washington has spent years trying to prevent: a prototype of a machine capable of producing the cutting-edge semiconductor chips that power artificial intelligence, smartphones and weapons central to Western military dominance. U.S. is missing the EV transition is that weve insisted on thinking of EVs in terms of climate — as a “green” technology whose purpose is to save the environment, rather than a superior technology that saves you time and money. China is still trying to stop India from industrializing. Bitcoin CEO believes decentralized technology has the potential to make widespread positive change. The three-year plan will focus on developing a digital capital market. Oil and gas assets will be consolidated into IndustrialCo and service stations into RetailCo. The combined refining system will total roughly 710,000 b/d in capacity.